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big gttom

01/04/12 6:35 PM

#21977 RE: jerseyfish #21975

Agreed.
Like I said, SmartWin breached the contract and defaulted on the JV...
In plain view, barefaced, big as life, clearcut, conspicious, crystal clear, discernable, distinct, evident, glaring...
Undubitable, make no bones, manifest, marked, noticable, observable, open and shut, out in the open, overt, palpable, perceivable, plain and under one's nose...

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brontebargainhunter

01/04/12 6:37 PM

#21978 RE: jerseyfish #21975

Would be good to have a decision in eegc favour.
Can't understand why the board is discussing legalities without the full facts or qualification to make comments. Happy to listen to a qualified opinion. JMO
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oilsleuth

01/04/12 6:47 PM

#21981 RE: jerseyfish #21975

What breach of contract? No breach has been determined.

If EEGC had adhered to the agreed billing rules they would have received the witheld monies.

Smart Win had good reason for witholding the final $1.1 million, they didn't just do it out of sheer orneriness and so cavalierly wave goodbye to the $3.9 million already handed over.